Weekly View / Thoughts on Bitcoin !!!
Closing would matter at this stage .
If Bitcoin Close Above OR at 35k , then we will see another leg to the 40k .
It's sounds very bullish , but you don't have to be biased yet , lets wait for the Monthly candle close then you & I will look for better opportunity to jump in .
For now , Just watch the market ( it can be a Full 4 Week Range Just like before ) so don't be quick & greedy .
The Short View is , if price break down to take the last weekly Low , then it might drop little more to touch the down levels like 30k - 31k . And that point we have to see where the candle close , if it close below the last Higher High . Then it's a bad structure ! Seller will never miss this opportunity in the market - they all will jump in if this scenario will happen to see.
If Bitcoin Close Above OR at 35k , then we will see another leg to the 40k .
It's sounds very bullish , but you don't have to be biased yet , lets wait for the Monthly candle close then you & I will look for better opportunity to jump in .
For now , Just watch the market ( it can be a Full 4 Week Range Just like before ) so don't be quick & greedy .
The Short View is , if price break down to take the last weekly Low , then it might drop little more to touch the down levels like 30k - 31k . And that point we have to see where the candle close , if it close below the last Higher High . Then it's a bad structure ! Seller will never miss this opportunity in the market - they all will jump in if this scenario will happen to see.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.